The resolution also amends section 267B of the Taxes Consolidation Act 1997 to increase the 23% rate which applies to special share accounts and special term accounts held in credit unions to 25%. This measures is expected to yield the Exchequer €45 million in 2009 and €62 million in a full year. The combined projected yield from this measure and the increased exit tax on life assurance and investment funds is €50 million in 2009 and €70 million in a full year.

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